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Ouster, Inc.

OUSTTechnologyNASDAQ

Electronic Components · Last scanned Jun 3, 2026

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Financials · Annual
Revenue
$169.4M
+52.5% YoY
Net Income
-$60.4M
+37.8% YoY
EBITDA
-$50.4M
+36.9% YoY
Free Cash Flow
-$46.8M

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About Ouster, Inc.

Ouster, Inc. engages in the production and sale of lidar sensor kits for the automotive, industrial, robotics, and smart infrastructure industries in the Americas, the Asia-Pacific, Europe, the Middle East, and. With a market capitalization of $2.93B, it sits in mid-cap territory. The company offers the Outer Sensor (OS) product line, including OSDome that provides a hemispheric field of view; OS0 for wide view; OS1, for mid-range view; and OS2 for long-range view.

Key stats
Market Cap$2.93B
Fwd P/E-1022.89
EPS$-0.93
Beta3.06
52W Change+229.5%
ROE-25.2%
Analysis

The balance sheet looks solid with $173.1M in cash comfortably exceeding the $17.4M debt load. A net cash position generally provides financial flexibility during uncertain economic periods. Free cash flow is running at -$46.8M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at -25.2%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Revenue has grown from $33.6M (2021) to $169.4M (2025), reflecting a 404% increase over the period.

A beta of 3.06 means OUST is more volatile than average. Investors should be prepared for wider price swings relative to broader indices. The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Ouster, Inc.'s trajectory.

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